Which of the following statements about the decision-making process is/are true?
i. The first step in the decision-making process is to define or clarify a decision problem into clear terms that can be addressed.
ii. Before alternatives can be identified, the necessary data must first be collected.
iii. After the alternatives are identified, the criterion on which a decision will be made must be specified.

Question

Quizplus · Accepted Answer

The first step in the decision-making process is to define or clarify the decision problem. Identifying alternatives and specifying criteria typically follow this initial step.

Which of the Following Statements About the Decision-Making Process Is/are